Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Palisades Gold Radio, Released on 5/25/220:00 - Introduction0:46 - Tax Hikes & Inflation3:27 - Powell Confirmation7:33 - Easing Inflation?8:59 - Yearly CPI Numbers12:30 - Energy Investment14:14 - Energy Prices & CPI15:18 - FED Leadership16:58 - When Powell Pivot?18:19 - Unemployment Rates?19:17 - Better Metrics?20:48 - Equities & Risk22:00 - Neg. Wealth Effects23:26 - A Big Question25:40 - Housing...Read More
Caitlin Johnstone, Released on 5/23/22They're worried about journalists using the unprecedented information-sharing power of the internet to reveal inconvenient facts about the largest and most murderous power structure on earth. Continue... They're Worried About The Spread Of Information, Not Disinformation added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Michael Krieger - Twitter, Released on 5/25/22- Free speech for them, but not for you.-Private jets for them, but not for you.- Meat for them, but not for you.- Bodily autonomy for them, but not for you.- Guns for them, but not for you.I hope everyone sees what's going on here.- Michael Krieger (@LibertyBlitz) May 25, 2022 Michael Krieger is the creator and editor of Liberty Blitzkrieg, a popular...Read More
International Man, Released on 5/24/22It's basically a love fest for the international ruling class. They like to get together, hang out, and Continue... Doug Casey on What the Elites at Davos Are Really Up To added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Wolf Street, Released on 5/24/22Stocks of homebuilders swoon amid worst inflation in construction costs, shortages, and spiking mortgage rates that take buyers out of the market.Continue... Wolf Richter: Housing Bubble Getting Ready to Pop added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Of Two Minds, Released on 5/25/22The realization that we're not actually being represented at the federal level has eroded the consent of the governed for the national government.Continue... Charles Hugh Smith: The Consent of the Governed Is Slipping Away added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
David Rosenberg - Twitter, Released on 5/24/22The big news today was the 9 months' supply of unsold new housing inventories in April, nearly doubling in the past year and classifying as a 2 SD event. Inventory excess is now at a level that in the past was consistent with a recession followed by a huge home price correction.- David Rosenberg (@EconguyRosie) May 24, 2022 David Rosenberg is the chief...Read More
End Of The American Dream, Released on 5/23/22Unfortunately, the Biden administration continues to make one glaring error after another, and at some point our good fortune will run out.Continue... World War 3: The Stage Is Being Set For The United States To Go To War With China And Russia Simultaneously added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Oil Price, Released on 5/25/22The price is currently 3.3 times above the five-year average, while EU gas, at 5.3 times above five-year average, traded early on Wednesday Continue... Natural Gas Price Hits $9 For The First Time Since 2008 added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Market Sanity - Twitter, Released on 5/24/22pic.twitter.com/03BvIaiDRV- Market Sanity (@MarketSanity) May 25, 2022 If you think stocks are guaranteed to make all-time highs again because they always have in the past, think again added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Claudio Grass, Released on 5/24/22Pouring gasoline on a fire is almost always a bad idea. We are going back to a gold standard for the same reason we have used gold for 2500 yearsContinue... Bob Moriarty: 'Gold is an insurance policy against the stupidity of governments' added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Chile produces more copper than any country in the world. But what about gold? One Vancouver-based junior explorer is seeking Chile's next company-maker gold deposit, and it's already finding similarities with another long-time gold and silver producing mine.Hole PPRC-22-36 proved to be the highlight among 18 reverse-circulation drill holes published by Astra Exploration Inc. (ASTR.TSX.V) followin...Read More
Signs are pointing to gold’s May rallyrunning out of steam as the USDX reaches its short-term bottom. But how muchstamina is left in the yellow metal?Another day, another higher close in thejunior miners. And another day where profits on our long positions in thelatter increased. There is a sign that the rally in the precious metals sectoris close to being over.That sign is the situation in...Read More
While the current pull-back on blackgold is fundamentally triggered by different forces, where is the prevailingwind coming from that is pushing prices lower?On Wednesday, the day after the US Fed’sChair Powell showed a more hawkish tone, crude oil prices dropped 2.5%following profit-takings on most commodity markets - new fears emerged that aworld economic slowdown combined with rising inte...Read More
The medium-term outlook for theprecious metals remains bearish, but does this mean we can’t profit onshorter-term moves? Quite the opposite!Precious metals declined yesterday, andso did the general stock market. Is the rally already over?When Iwrote about this rally on May 12, which took place at the same timewhen I took profits from the short positions and entered the long ones, Imentioned...Read More
Crude oil, like most commodities, is not priced as a single data point like a stock. Instead, commodities, like oil, trade via futures contracts. A futures contract is an agreement to buy or sell a particular commodity or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quantity and quality specifications to facilitate trading on a futures...Read More
By Matthew Cortez, Last month was the 89th anniversary of oneof America’s biggest blunders on her descent from honest, sound money intoweaponized political money: ExecutiveOrder 6102.Signed on April 5, 1933, U.S. PresidentFranklin Delano Roosevelt required all persons holding more than five ounces ofgold to deliver their “gold coin, gold bullion, and gold certificates, nowowned by...Read More
More than just a few people are buying silver because “it protects them from inflation” – or something to that effect. Ever wonder if that argument holds up? The chart (source) below indicates otherwise… Silver Prices (inflation-adjusted) – 50 Year Historical Chart (1)According to the chart, it appears that silver cont...Read More
While the USDX rushes up withoutlooking back, gold is running... out of power. What could the next dollar highsmean for the precious metals market?In short, practically everything that Iwrote in yesterday’sanalysis remains up-to-date. Based on the relative valuations andpre-market price movement, I wrote that junior miners were likely to declinebelow their rising support line, and I moved th...Read More
As turmoil in financial markets unnerves investors, a larger economic crisis may be starting to unfold. The Federal Reserve’s first steps toward tightening monetary policy are exposing vulnerabilities in the highly leveraged economy. The Fed spent years injecting the economy with artificial stimulus. Now it is trying to take that stimulus away without causing a crash.On Wednesday, the Fed ra...Read More